Vestas Wind Systems A/S/DKr VWS
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Vestas Wind Systems A/S
Vestas Wind Systems A/S operates in the renewable energy industry, focusing on the design, manufacture, installation, and maintenance of wind turbines. Its core business involves providing sustainable energy solutions, with its primary products being onshore and offshore wind turbines. Founded in 1945 and headquartered in Aarhus, Denmark, Vestas has established a global presence, actively engaging in projects across Europe, Asia, and the Americas. The company's strategic strengths lie in its extensive experience, broad service offerings, and commitment to innovation and sustainability in wind energy technology.
- Ticker
- DKr VWS
- Sector
- Industrials
- Primary listing
- CSE
- Employees
- 39,520
- Headquarters
- Aarhus, Denmark
- Website
- www.vestas.com
VWS Metrics
BasicAdvanced
kr 183B
23.55
kr 7.96
0.99
kr 0.74
0.39%
Price and volume
Market cap
kr 183B
Beta
0.99
52-week high
kr 220.20
52-week low
kr 119.45
Average daily volume
2.2M
Dividend rate
kr 0.74
Financial strength
Current ratio
1.026
Quick ratio
0.606
Long term debt to equity
0.808
Total debt to equity
0.892
Dividend payout ratio (TTM)
8.88%
Interest coverage (TTM)
9.12%
Profitability
EBITDA (TTM)
15,593.476
Gross margin (TTM)
14.75%
Net profit margin (TTM)
5.43%
Operating margin (TTM)
7.72%
Effective tax rate (TTM)
24.57%
Revenue per employee (TTM)
kr 3,812,400
Management effectiveness
Return on assets (TTM)
3.75%
Return on equity (TTM)
30.94%
Valuation
Price to earnings (TTM)
23.555
Price to revenue (TTM)
1.268
Price to book
46.5
Price to tangible book (TTM)
420.12
Price to free cash flow (TTM)
23.201
Free cash flow yield (TTM)
4.31%
Free cash flow per share (TTM)
8.086
Dividend yield (TTM)
0.39%
Forward dividend yield
0.39%
Growth
Revenue change (TTM)
9.54%
Earnings per share change (TTM)
37.94%
3-year revenue growth (CAGR)
10.72%
10-year revenue growth (CAGR)
8.26%
3-year earnings per share growth (CAGR)
9.95%
10-year earnings per share growth (CAGR)
3.75%
10-year dividend per share growth (CAGR)
-5.81%
Bulls say / Bears say
Second-quarter revenue rose 26% to €4.7bn and the EBIT margin reached 9.4%. Vestas raised its 2026 EBIT-margin guidance to 7–9%, signalling a stronger profit recovery than previously expected. (Nasdaq)
Firm turbine orders rose 67% year on year to 3.35 GW in the second quarter, lifting the turbine backlog to €36bn. That larger order book gives Vestas better visibility for future deliveries. (Nasdaq)
Services provides a substantial recurring-revenue base: its contract backlog reached €40.9bn, up €5bn year on year, and its second-quarter EBIT margin was 16.6%. This profitable service stream helps balance the more project-driven turbine business. (Nasdaq)
Offshore remains a drag despite recent improvement: the business is still expected to lose money in 2026, with profitability only targeted for 2027. That leaves the recovery exposed to further ramp-up or project-execution problems. (Yahoo Finance, Recharge)
Warranty costs were €141m in the second quarter, equal to 3% of revenue. Persistently high quality-related costs could eat into the margin gains Vestas is now forecasting. (Yahoo Finance)
Third-quarter order intake may fall short of expectations: Citi estimated 3.5–3.6 GW, against consensus of about 4.9 GW, based on orders disclosed by 1 October. If that estimate holds, it would suggest the strong second-quarter order growth is not yet secure. (MarketScreener)
Data summarised monthly by Lightyear AI. Last updated on 5 Oct 2026.
Upcoming events
No upcoming events
Funds containing VWS
AllEURUSDGBP
Fund name | Fund size | DKr VWS weighting |
|---|---|---|
Amundi MSCI New Energy ESG Screened€NRJ | €1.1B | 3.27% |
Amundi MSCI New Energy ESG Screened£NRJL | €1.1B | 3.27% |
iShares Global Clean Energy£INRG | $3.1B | 3.10% |
iShares Global Clean Energy€IQQH | $3.1B | 3.10% |
iShares STOXX Europe 600 Oil & Gas€EXH1 | €555M | 2.78% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.